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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Mill update

Re: Mill update

in response to by
posted on May 21, 2009 05:24AM

That is excellent news! The expected pouring of 300 to 450 kg of dore bars per week should translate into approximately $200,000 to $300,000 of gross dore value per week or $10 to $15 million per year.

Those numbers will only grow once they increase production to 500 tpd in the next few weeks as stated in the news release.

Finally, there is the huge leverage with the expected increase in gold and silver prices in the coming months.





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